Word: tradings
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CLIMATE CHANGE The House passed a controversial cap-and-trade emissions plan in June. Its fate in the Senate is uncertain...
...Anyway, back to what this netizen said: 'To fight enemies, you don't get any advantage by appearing weak!' So now I'm accused of being weak at home because I didn't go tit for tat with you on trade, and you're accused of being the 'enemy'- a common refrain, by the way, in the increasingly xenophobic quarters of our central government's propaganda department. That's O.K. - for now. We easily could have immediately stopped imports of U.S. chickens or auto parts or anything else by concocting some health risk or claiming a failure to meet Chinese...
...your financial press might say about China's 'strong' growth, our economy is still hurting - thanks to the financial collapse your country inflicted on the world. Our export sector is particularly suffering, so the last thing anyone needs is for us to go all nationalistic and start a trade war. We understand we need the U.S. market, and we also have a desire for stability right now - more so than usual. Next month is the 60th anniversary of the founding of the People's Republic of China, and then in November you are coming to Beijing. So I thought...
...with U.S. President Barack Obama on the sidelines of the U.N. General Assembly in New York City before heading off to Pittsburgh, Pa., for the G-20 summit on Sept. 24-25. This is what a more relaxed Hu might say to Obama, whose first major decision on trade was to slap a 35% tariff on tires produced in China - an action that generated a flurry of stories in the media about the possibility of a U.S.-China trade...
...Second, we still buy a whole lot of your Treasury debt, though this is less of a weapon than is often portrayed in your press. (We have to recycle the dollars we earn from trade somewhere, and your Treasury market remains the largest and most liquid in the world. Plus, we, like the Japanese before us, have no real interest in seeing your interest rates rise and growth slow, particularly not now, and that's what would happen if we went on a T-bill buying strike.) But holding your debt does give us leverage, and we have some decisions...